BETA

VALENTINE FOUNDATION: Form 990PF, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
VALENTINE FOUNDATION (EIN 90-0527475)
Tax period
2016-01-01 to 2016-12-31
Filed
2017-06-09
IRS object ID
201711609349100711
Schema version
2016v3.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2017-06-09T13:26:14-05:00ReturnTs
Tax Period End2016-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Foundation SourceBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1One Hollow Ln Ste 212AddressLine1Txt
CityLake SuccessCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11042ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2016-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN900527475EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1The Valentine FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% The Valentine FoundationInCareOfNm
Business Name ControlVALEBusinessNameControlTxt
Phone8054965474PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1100 E Thousand Oaks Blvd 257AddressLine1Txt
CityThousand OaksCityNm
State AbbreviationCAStateAbbreviationCd
ZIP91360ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMALCOM G MEADORPersonNm
Person TitlepresidentPersonTitleTxt
Phone8054965474PhoneNum
Signature2017-06-05SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJeffrey D HaskellPreparerPersonNm
PTINP01345770PTIN
Phone8008391754PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address24.187.244.114IPv4AddressTxt
FieldValueIRS element (for citing)
Federal Original Submission Id06391520171605000012FederalOriginalSubmissionId
Federal Original Submission Id2017-06-09FederalOriginalSubmissionIdDt
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdBC971FC33BAF52379132A0473611089A0DAEC697AtSubmissionCreationDeviceId
At Submission Filing Device Id259C731B7C7CCB55DA46458F0098BC0D5A2501CBAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$264,683FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$0ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$6,098DividendsRevAndExpnssAmt
Dividends Net Invst Incm$6,098DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$3,944NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$12,590GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$10,870CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$10,042TotalRevAndExpnssAmt
Total Net Invst Incm$16,968TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Taxes Rev And Expnss$108TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$4,200OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$150OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$4,050OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$4,308TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$150TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$4,050TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$12,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$12,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$16,308TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$150TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$16,050TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$6,266ExcessRevenueOverExpensesAmt
Net Investment Income$16,818NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$2,690SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$5,070SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$5,070SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$181,415CorporateStockBOYAmt
Corporate Stock EOY$172,769CorporateStockEOYAmt
Corporate Stock EOYFMV$259,613CorporateStockEOYFMVAmt
Total Assets BOY$184,105TotalAssetsBOYAmt
Total Assets EOY$177,839TotalAssetsEOYAmt
Total Assets EOYFMV$264,683TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$184,105RetainedEarningBOYAmt
Retained Earning EOY$177,839RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$184,105TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$177,839TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$184,105TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$177,839TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$184,105TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$6,266ExcessRevenueOverExpensesAmt
Subtotal$177,839SubtotalAmt
Tot Net Ast Or Fund Balances EOY$177,839TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyPublicly-traded SecuritiesPropertyDesc
Gross Sales Price$12,590GrossSalesPriceAmt
Cost Or Other Basis$1,720CostOrOtherBasisAmt
Gain Or Loss$10,870GainOrLossAmt
Gains Minus Excess Or Losses$10,870GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$10,870CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$16,050AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$241,220NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.066537DistributionYr1Rt
Adjusted Qlfy Distri Yr2$16,050AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$265,222NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.060515DistributionYr2Rt
Adjusted Qlfy Distri Yr3$15,874AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$250,307NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.063418DistributionYr3Rt
Adjusted Qlfy Distri Yr4$14,869AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$228,528NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.065064DistributionYr4Rt
Adjusted Qlfy Distri Yr5$15,197AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$216,197NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.070292DistributionYr5Rt
Total Distribution0.325826TotalDistributionRt
Average Distribution0.065165AverageDistributionRt
Net Vl Noncharitable Assets$226,340NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$14,749AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$168NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$14,917AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$16,050QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$168InvestmentIncomeExciseTaxAmt
Subtotal$168SubtotalAmt
Tax Based On Investment Income$168TaxBasedOnInvestmentIncomeAmt
Applied To Es Tax$168AppliedToEsTaxAmt
Total Payments And Credits$168TotalPaymentsAndCreditsAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateNVOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1The Valentine FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8054965474PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1100 E Thousand Oaks Blvd 257AddressLine1Txt
CityThousand OaksCityNm
State AbbreviationCAStateAbbreviationCd
ZIP91360ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
Frank Dawson
100 E Thousand Oaks Blvd 257Thousand OaksCA91360Dir1.0$0$0$0
Malcolm G Meador
100 E Thousand Oaks Blvd 257Thousand OaksCA91360Pres / Dir / Sec1.0$0$0$0
Frank Perna
100 E Thousand Oaks Blvd 257Thousand OaksCA91360Dir1.0$0$0$0
N Rebecca Valentine
100 E Thousand Oaks Blvd 257Thousand OaksCA91360Dir / Treas1.0$0$0$0
FieldValueIRS element (for citing)
Summary Of Direct Chrtbl ActySummaryOfDirectChrtblActyGrp
Sum Of Program Related InvstSumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$226,717AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$3,070AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$229,787TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$229,787AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$3,447CashDeemedCharitableAmt
Net Vl Noncharitable Assets$226,340NetVlNoncharitableAssetsAmt
Minimum Investment Return$11,317MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$11,317MinimumInvestmentReturnAmt
Tax Based On Investment Income$168TaxBasedOnInvestmentIncomeAmt
Total Tax$168TotalTaxAmt
Distributable Before Adj$11,149DistributableBeforeAdjAmt
Distributable Before Ded$11,149DistributableBeforeDedAmt
Distributable As Adjusted$11,149DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$16,050ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$0CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test$0SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test$0SetAsideCashDistriTestAmt
Qualifying Distributions$16,050QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$168PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$15,882AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$11,149DistributableAsAdjustedAmt
Prior Year12014PriorYear1Yr
Prior Year22013PriorYear2Yr
Prior Year32012PriorYear3Yr
Excess Distribution Cyov Yr5$4,543ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$3,705ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$3,493ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$3,020ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$4,097ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$18,858TotalExcessDistributionCyovAmt
Qualifying Distributions$16,050QualifyingDistributionsAmt
Applied To Current Year$11,149AppliedToCurrentYearAmt
Remaining Distri From Corpus$4,901RemainingDistriFromCorpusAmt
Total Corpus$23,759TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$4,543ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$19,216ExcessDistriCyovToNextYrAmt
Excess From Year4$3,705ExcessFromYear4Amt
Excess From Year3$3,493ExcessFromYear3Amt
Excess From Year2$3,020ExcessFromYear2Amt
Excess From Year1$4,097ExcessFromYear1Amt
Excess From Current Year$4,901ExcessFromCurrentYearAmt
FieldValueIRS element (for citing)
Private Operating FoundationsPrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerN Rebecca ValentineContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
INTERNATIONAL GUIDING EYES INC
13445 GLENOAKS BLVDSYLMARCA91342N/APCGeneral & Unrestricted$6,000
NATIONAL FISH AND WILDLIFE FOUNDATION
1133 FIFTEENTH ST NW STE 110WASHINGTONDC20005N/APCGeneral & Unrestricted$6,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$12,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

FieldValueIRS element (for citing)
Fees Contracts From Govt AgFeesContractsFromGovtAgGrp
Membership Dues And AssmntMembershipDuesAndAssmntGrp
Int On Sav And Temp Cash InvstIntOnSavAndTempCashInvstGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$6,098ExclusionAmt
FieldValueIRS element (for citing)
Net Rntl Incm Re Debt Fincd PropNetRntlIncmReDebtFincdPropGrp
Net Rntl Incm Re Not Debt Fincd PropNetRntlIncmReNotDebtFincdProp
Net Rental Income Personal PropNetRentalIncomePersonalPropGrp
Other Investment Incm Part VIIOtherInvestmentIncmPartVIIGrp

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$3,944ExclusionAmt
FieldValueIRS element (for citing)
Net Income Loss From Special EvtNetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of InvntryGrossProfitLossSlsOfInvntryGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$10,042ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$10,042TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Depreciation Schedule DepreciationSchedule

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (3 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
BANK OF AMERICA CORP$74,932$114,920
INTERNATIONAL BUSINESS MACHINE$49,132$66,396
MERCK & CO INC$48,705$78,297

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmtNet Investment IncomeNetInvestmentIncomeAmt
Administrative Fees$4,000$4,000
Bank Charges$150$150
State or Local Filing Fees$50$50

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
Category990-PF Excise Tax for 2015CategoryTxt
Amt$108Amt

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